29 Dec '11, 8pm
CAD Resurgence Fueled by Technology Long-term growth in the CAD market predicted @Bethstack via @DesignNews
It looks as if emerging technologies in the areas of mobile design tools and cloud computing are poised to fuel some long-term growth in the CAD market -- at least according to the latest market report put out by Jon Peddie Research . According to the firm's "Worldwide CAD Market Report 2012," new platforms and distribution models are critical growth drivers pushing the CAD market to $7 billion in revenues in 2011, up from $6.4 billion in 2010 and $5 billion in 2009. The total number of CAD users has also increased, jumping from 18.5 million in 2010 to 19 million in 2011. Another interesting tidbit regarding growth in CAD seats: Demand is evening out, with CAD revenues now split among 37 percent derived from the Americas, 38 percent from EMEA, 21 percent from Asia, and 4 percent from the rest of the world. SolidWorks 2012 offers new simulation capabilities that let users m...